JSW Energy receives NCLT approval for GEPIL demerger scheme

Scheme filed with the NCLTListed-company acquisitionStrategic Transactions View source PDF Explain this filing

JSWENERGY · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+6.1%Reaction day

₹462.20

prior close

₹487.35

announcement price

In-mkt

timing

Nifty Midcap 150market-0.0%+6.1% vs market

Power Generation peers, median of 28sector+0.3%+5.8% vs sector

On the reaction day the stock moved 6.1 pts more than Nifty Midcap 150 and 5.8 pts more than its Power Generation peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.1

10m

-0.2

15m

+0.1

30m

+0.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+6.1-0.0+6.1+0.3+5.8

Next day

+3.6-0.3+4.0-0.4+4.0

+4.4-0.4+4.8-0.9+5.3

+4.3-1.5+5.8-2.1+6.4

+2.8-2.9+5.6-5.2+8.0

+0.4-3.7+4.0-6.9+7.2

-3.2-4.7+1.5-8.3+5.1

15d

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UpDownMarket · Nifty Midcap 150Sector · Power Generation peers, median of 28Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

NCLT Mumbai has sanctioned the scheme of arrangement for the demerger of GE Power India Limited (GEPIL) into JSW Energy Limited. JSW Energy has received the certified copy of the sanction order on 13th October 2026. Under the scheme, the demerged undertaking of GEPIL will transfer into JSW Energy as the resulting company. The effective date and record date for share entitlement will be announced in due course.

Likely market impact

Positive for JSW Energy. Adds GEPIL's power business to its portfolio. Pending record date for issuing shares to GEPIL shareholders.